Manage all aspects of the budgeting, forecasting and financial analysis functions of the Society. Plan, organize, and direct all accounting activities for all managed organizations, including the preparation of accurate and timely financial statements, coordinating the audit and preparation of tax filings.

Primary Duties and Responsibilities

Budgeting and Forecasting

Lead the development of the annual operating and capital budgets.

Develop financial models and templates to enhance consistency in budgeting methodology across all departments, Councils and other areas of activity.

Prepare pro-forma analyses of ongoing and proposed business models and opportunities.

Develop methodologies to monitor and evaluate corporate financial performance against operating plans and budgets. Work with key staff to interpret significant variations from the budget and prepare related reports.

Monitor processes and events that may impact cash flow; recommend actions to management as appropriate.

Accounting for Managed Organizations

Oversee all accounting activity for reasonableness, and ascertain that all activity has been coded and booked in accordance with generally accepted accounting principles, as well as policies, procedures, and Chart of Accounts.

Oversee month- and year-end closing processes, as well as financial statement preparation.

With a staff of 65+ employees, The Society of Thoracic Surgeons is headquartered in Chicago and has another office in downtown Washington, DC. A team of dedicated professionals, the STS staff strives for excellence as they uphold the STS staff core values of respect, teamwork, innovation, quality service, and ownership.
The Society publishes a major peer reviewed journal, The Annals of Thorac...ic Surgery, provides innovative educational programming at its centerpiece Annual Meeting and in other forums, and is highly respected for its advocacy efforts in Washington. STS also is considered the national leader among medical societies of all sizes in the field of outcomes databases. Since its inception in 1989, more than 100 publications have come from the STS National Database (in the areas of Adult Cardiac, General Thoracic and Congenital Heart Surgery). These studies have been published in a variety of professional journals and textbooks. The Adult Cardiac Surgery Database component of the STS National Database has recently served as the basis for a federally funded national comparative effectiveness study, as well as for research in targeted areas of cardiac surgery.